JPMorgan Chase & Co. Has Lowered Expectations for ODDITY Tech (NASDAQ:ODD) Stock Price

ODDITY Tech (NASDAQ:ODD) had its target price lowered by JPMorgan Chase & Co. from $67.00 to $59.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 34.64% from the stock’s current price.

ODD has been the subject of several other reports. Jefferies Financial Group started coverage on ODDITY Tech in a research note on Wednesday, September 24th. They set a “buy” rating and a $78.00 price objective for the company. KeyCorp lowered their target price on shares of ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating on the stock in a report on Wednesday, October 8th. Needham & Company LLC reiterated a “buy” rating and set a $72.00 target price on shares of ODDITY Tech in a research report on Thursday, November 20th. Zacks Research upgraded shares of ODDITY Tech from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $80.00 price objective on shares of ODDITY Tech in a report on Tuesday, September 23rd. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.40.

ODDITY Tech Stock Down 1.4%

Shares of ODD opened at $43.82 on Friday. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53. The company has a 50-day moving average price of $45.08 and a two-hundred day moving average price of $59.32. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 24.48, a P/E/G ratio of 2.24 and a beta of 3.16. ODDITY Tech has a 12 month low of $35.30 and a 12 month high of $79.18.

ODDITY Tech (NASDAQ:ODD) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. The company had revenue of $147.90 million for the quarter, compared to analyst estimates of $145.44 million. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The company’s revenue was up 24.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.32 EPS. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. Equities analysts predict that ODDITY Tech will post 1.62 EPS for the current fiscal year.

Hedge Funds Weigh In On ODDITY Tech

A number of institutional investors have recently modified their holdings of ODD. Penn Capital Management Company LLC grew its stake in shares of ODDITY Tech by 20.9% during the third quarter. Penn Capital Management Company LLC now owns 210,290 shares of the company’s stock valued at $13,134,000 after purchasing an additional 36,330 shares during the last quarter. Woodline Partners LP raised its position in ODDITY Tech by 0.3% in the 3rd quarter. Woodline Partners LP now owns 401,229 shares of the company’s stock worth $24,997,000 after purchasing an additional 1,117 shares during the last quarter. Voleon Capital Management LP acquired a new position in ODDITY Tech during the 3rd quarter worth $1,763,000. Wexford Capital LP acquired a new position in ODDITY Tech during the 3rd quarter worth $40,000. Finally, Verition Fund Management LLC boosted its position in ODDITY Tech by 10.8% in the 3rd quarter. Verition Fund Management LLC now owns 35,109 shares of the company’s stock valued at $2,187,000 after buying an additional 3,435 shares during the last quarter. 35.88% of the stock is owned by institutional investors.

ODDITY Tech Company Profile

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.